3 models fit Cintas Corporation Common Stock and they disagree: 1 of 3 land within 15% of the average. The price is above every model.
Two or more of our models back this value.
Large premium(i)Silver66
Valued as a mature, profitable company: Discounted cash flow, P/E comparison, EV/EBITDA comparison, Graham number, and Dividend discount.
ACCE opinionCintas Corporation Common Stock (CTAS)
Fair value (3 models)
$96.01
ACCE price target
$197
Rating
Overvalued
Horizon
12 months
Fair value published on 19 Oct 2026, 19:04 CEST; previously $101 since 11 Oct 2026, 00:00 CEST.
ACCE price target published on 17 Oct 2026, 00:00 CEST; previously $171 since 22 May 2026, 00:00 CEST.
Rating published on 19 Oct 2026, 19:04 CEST.
Price used: $224 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, P/E comparison, and EV/EBITDA comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
133.4% above
-57.2% to fair value
ACCE score
65
out of 100
Analysts
50% buy
20 covering
P/E
44.2x
forward 36.2x
1-year return
+16.5%
Dividend yield
0.83%
Cintas Corporation Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
Cintas rents uniforms, floor mats, restroom supplies and fire protection gear to roughly a million businesses, with the uniform rental route network as the core asset. Its edge is density: a truck that already serves a block of customers adds new accounts at low marginal cost, which helps explain the 24.1% operating margin and 41.4% return on equity. Revenue is growing 10.9%, and the recent acquisition of UniFirst gives the company a larger footprint in the same route-based model. The trade-off is valuation, since a 42.1 trailing P/E and 36.2 forward P/E leave little room for execution slips. At a score of 60/100 and no index membership, it merits a closer look at how much of the merger synergy and margin expansion the current multiple already assumes.
⚠ Investor warnings · 3 flagsAI-assisted·How I use AI
high
Valuation premium to fair value
Forward P/E of 36.2 and EV/EBITDA of 26.1 leave limited margin of safety.
moderate
Valuation score remains weak
V score of 25/100 signals overvaluation. Despite 8-point ACCE improvement, valuation component has not recovered materially.
moderate
Insider selling without offsetting buys
Last 10 disclosures show $2.73M in sales and $0.00M in buys. No insider purchases to signal conviction at current levels.
AI research notes
AI-assisted·How I use AIWritten Oct 11, 2026 · figures from 2026-08-31 · prices to Oct 23, 2026
Why it could do well
Cintas generates exceptional returns on capital, with 41.4% ROE and 20.9% ROIC, demonstrating pricing power and operational excellence.
The company has delivered 10.9% revenue growth with a 17.8% net margin while shrinking share count by 1.0%, driving per-share value creation.
Free cash flow of 1.9B supports a conservative 0.53 debt-to-equity ratio, giving the company financial flexibility for growth investments or shareholder returns.
Why it could disappoint
The stock's valuation implies only 8.2% perpetual cash flow growth, below the 9.6% five-year average, suggesting the market prices in deceleration.
A 2.3% free cash flow yield is low relative to the 5.2% risk-free rate, offering limited income cushion if growth disappoints.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Dec 17, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle
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Valuation
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Where CTAS's valuation models land
Price
$224.10
Model fair value
$96.01
Model range
$71.08 to $130
Fair value $96.01
Price $224
The price is above the whole model range.
Model
Fair value
Upside
Discounted cash flow
Dividend discount
EV/EBITDA comparison
Graham number
P/E comparison
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Quality
INVESTOR
Quality and conviction INVESTOR FEATURE
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